NEPSE Book Closure Formula5% Bonus Tax & Right Ratio

NEPSE Right Share & Bonus Adjustment Calculator

Calculate post-book-closure theoretical opening stock price, 5% cash dividend tax on bonus shares, and required application capital for right shares on the Nepal Stock Exchange.

Market Closing Price Before Book Closure (अन्तिम कारोबार मूल्य)

NPR

Proposed Bonus Share Percentage (%)

Proposed Right Share Ratio (हकप्रद सेयर अनुपात)

Number of Shares Held in Demat (तपाईंसँग भएको कित्ता)

Kitta

Theoretical Adjusted Opening PriceNEPSE Opening

NPR 312.5

Price drop on book closure: -30.56% (from NPR 450)

Bonus Shares Received:+50 Kitta

5% Cash Dividend Tax Payable (रु ५/कित्ता):NPR 250

Eligible Right Shares to Apply:250 Kitta

Required Application Capital (x रु १००):NPR 25,000

Total Shares After Adjustment:800 Kitta

Total Portfolio Valuation:NPR 2,50,000

As per Nepal tax laws, 5% dividend tax on bonus shares is calculated on par value (NPR 100 face value = NPR 5/share). If the company proposes sufficient cash dividend for tax, shareholders do not need to deposit cash separately.

Quick Summary

Securities Board of Nepal (SEBON) / NEPSE

What is the official NEPSE formula for calculating adjusted share price after bonus and right shares?

The Nepal Stock Exchange (NEPSE) uses the standard regulatory formula: Adjusted Price = [Market Price + (Right Ratio × Paid-Up Value)] / [1 + (Bonus % / 100) + Right Ratio]. In Nepal, the standard paid-up face value is NPR 100 per share.

SEBON Regulated Rates5% vs 7.5% CGT RulesBroker Commission Slab

Frequently Asked Questions on NEPSE Right & Bonus Share Adjustments

What is the official NEPSE formula for calculating adjusted share price after bonus and right shares?

How is the 5% dividend tax on bonus shares calculated in Nepal?

Under the Income Tax Act of Nepal, the 5% dividend tax on bonus shares is calculated on the par value (face value) of NPR 100 per share, which equals NPR 5.00 per bonus share. If the company proposes a cash dividend designated for tax purposes, this is settled automatically. Otherwise, shareholders must deposit this tax through designated bank accounts prior to share credit in Demat.

How do shareholders apply for right shares through Meroshare?

Eligible shareholders whose names are recorded before the book closure date can log in to their Meroshare account, navigate to 'My ASBA' > 'Apply for Issue', and apply for their allotted right shares at NPR 100 per share using their verified bank account C-ASBA authorization.

Does the total value of an investor's holdings decrease on the book closure day?

No. While the market price per share drops theoretically to reflect the increased supply of shares, the investor receives bonus and right entitlements that balance the total market capitalization, keeping the net economic holding identical immediately after adjustment.